European Bailout Fund- Oct ’11 updated

Monday, 31 October 2011 updated to June 2012

Last October we ran a mission into Europe. This was a crucial time as European Union leaders were about to hold a key summit to deal with the ongoing debt crisis.

The week leading up to the summit the negative headlines continued, yet the stock markets across Europe rose each day, resulting in the highest market gains in 11 months.

The summit was also very fruitful, a way forward was presented, including: a hair-cut for Greek debt, a €1 trillion bail-out fund, and a deal to re-capitalise the banks.

However, within days of the mantle leaving Europe the optimism evaporated and the deal struck seemed to fall apart as Greece called for a referendum, and investors backed off from contributing to the bailout fund. One partner watching the news, and unaware that the Europe mission had ended and the mantle had returned to America said, “I knew DP was out of Europe, it all just fell apart suddenly, and the hope left.”

Since then, we have seen a change of government in France, Spain closer to financial ruin, and threats of a breakdown in the pact made during Sarkosy’s Presidency with member nations over the fiscal pact.

However, now the mantle is back in Europe, decisions have been made to enable financial support to Spain, and Greece is continuing to work through her financial difficulties, with the new French president working with EU member nations for a way through the debt crisis.

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Video link to cartoon: general financial explanation of debt crisis

http://www.youtube.com/watch?v=0zPyZZIvwCc&feature=fvwrel

One thought on “European Bailout Fund- Oct ’11 updated”

  1. ‘Will you sweep away the righteous with the wikecd?’”Gen. 18:23 God honored Abraham for this response: “So when God destroyed the cities of the plain, he remembered Abraham, and he brought Lot out of the catastrophe that overthrew the cities where Lot had lived.”Gen. 19:29I believe assuming and taking the side of God’s mercy should always be our response to words of judgment.2)Paul’s summary of what prophecy within the Body of Christ is for is very helpful for clarifying its purpose and function:“The one who prophesies speaks to people for their strengthening, encouraging and comfort.”1 Cor. 14:4This then, is the tone with which we should prophesy. I think warnings and negative predictions should be very much the exception rather than the rule. When people are not living out of their true identity, it is almost always more effective to call out the gold in them and remind them of who they are, rather than focus their attention on the negative.3)Questions to ask or steps to take before releasing a prophetic word (based on Kris Vallotton’s list and Kristina’s comments):1.Is it in line with Scripture and Father’s heart?2.Does it resonate with my spirit?3.Is this going to draw the person closer to God and his people?4.Is leadership in agreement with this word, interpretation, and application? If questionable, check in with them before releasing.5.Ask Holy Spirit, “Is this a word You want me to release? If so, now or later? What is its meaning and application? Should I release and trust you to reveal that? Should I wait and just intercede? What should I do with it?”6.Will the effect of releasing this word be to primarily bring honor to the person/people?

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